Affordable rents for office space in the centre of Prague have reached a historic high. At the same time, Prague is maintaining the lowest vacancy rate among CEE capitals, reports Colliers in its analysis of the office real estate market.

Property Forum is proud to launch the first edition of its annual list spotlighting the 50 most influential people in Czech and Slovak real estate—a recognition of outstanding leadership, innovation and impact across these two dynamic markets. The publication, along with all other editions from across CEE, is now available on the Property Forum website.

CPI Europe reported a slight dip of 2.9% in rental income to €139.0 million during Q1 2025 versus the same period of last year over strategic property divestitures. 

Location, intelligent layouts, and a robust array of amenities are the paramount criteria for buyers seeking premium homes in northern Bucharest, shows a recent qualitative study commissioned by Cloud9, part of Romanian developer Alfa Group, and conducted by Unlock.  

In a compelling panel discussion at the recent Bucharest Business Forum, industry leaders explored the complex landscape of modern workplace dynamics, addressing the ongoing debate between remote work and return-to-office strategies.

Gross realised demand on the Czech industrial real estate market has risen above the five-year average in the first quarter of this year, indicating the potential for market recovery. Over 155,000 sqm of new space has already been delivered to the market this year, and a further 1.6 million sqm is currently under active construction, according to a survey conducted by Colliers.

According to a report published by Newmark Polska, during the first quarter of 2025, Poland’s regional city office markets (Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin, Szczecin) saw stable occupier demand, with lease regearing prevailing amid growing expansion activity. Office availability remained at a significant level. Limited construction activity concentrated in three cities – Kraków, Poznań and Wrocław – which accounted for 68% of the total development pipeline.

The residential construction in the Czech Republic has been facing a confusing permitting system, lengthy processes and frequent obstructions. The Czech Republic has long been one of the countries with the most complicated construction procedures in Europe, ranking, according to World Bank data (2020), 157th out of 190 countries monitored, reports the real estate office Philip & Frank.

A recent panel discussion financing new investments in Romania, organised at our Bucharest Business Forum 2025 event, provided a nuanced and comprehensive overview of the country's economic landscape, bringing together key experts from international financial institutions and the real estate sector to explore the current market dynamics, challenges, and emerging opportunities.

The first quarter of 2025 has been marked by extraordinary activity on the Czech commercial real estate market. According to Colliers, total investment volume reached €1.48 billion, already surpassing the full-year 2023 results of €1.15 billion. Several large transactions with a value above €100 million contributed to this record.